MSG 0.00% 0.4¢ mcs services limited

I agree, looks pretty good. Based on my rough estimates of the...

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  1. 114 Posts.
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    I agree, looks pretty good. Based on my rough estimates of the revenue run rate based on the last 2 quarters, it looks to be generating ~$20m in revenues. If we add the $3m in additional contracts recently won, should see FY19 revenues around $23m. GP margin of ~20% equates to $4.9m GP less overheads of ~$3.15m should see EBITDA at around $1.45m.

    With an undemanding multiple of say 5x - valuation would be 3.8cps.

    I'm not surprised the MD is buying more shares at these levels.
 
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